The European Central Bank (ECB) has intensified work on the hypothetical introduction of a digital euro, an issue on which a public consultation will begin on October 12 with a parallel experimentation phase. Meanwhile, the Eurosystem will continue to issue cash.
"The euro belongs to Europeans and…
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digital euro
Christine Lagarde: Digital euro could strengthen the European payment system
Faced with a still uncertain economic recovery, the president of the European Central Bank, Christine Lagarde, is in favor of the issuance of a digital euro which, in her opinion, would strengthen the European payment system.
This was…
Spanish banking will test the digital euro
Various reports affirm that Spanish banks are preparing in terms of the implementation of a digital euro.
Everything indicates that Iberpay will be in charge of leading this project. It is a payment platform, with the mission of managing…
Italian banks support the digital euro
The group of 700 Italian financial institutions, known as the Italian Banking Association (IBA), announced its support for the adoption of a digital currency issued by a central bank in Europe.
Italian banks showed their willingness to be…
France will launch digital euro project for the first quarter of 2020
The governor of the Bank of France, François Villeroy de Galhau, said in a publication that the Central Bank of France plans to launch the digital euro project for financial institutions at the end of the first quarter of 2020, as reported…